{"id":38689,"date":"2021-03-10T20:10:44","date_gmt":"2021-03-10T18:10:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38689"},"modified":"2025-08-30T05:57:35","modified_gmt":"2025-08-30T02:57:35","slug":"skybridge-capitals-scaramucci-fully-focused-on-bitcoin-as-the-undisputed-leader","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/skybridge-capitals-scaramucci-fully-focused-on-bitcoin-as-the-undisputed-leader\/","title":{"rendered":"SkyBridge Capital’s Scaramucci: fully focused on Bitcoin as the undisputed leader"},"content":{"rendered":"

The founder and managing partner of SkyBridge Capital, Anthony Scaramucci, in an interview with Decrypt<\/a> explained why all his attention is currently focused on the first cryptocurrency.<\/p>\n

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\u201cI am especially focused on Bitcoin. I am not going to move to Dogecoin, Ethereum, other cryptocurrencies or digital assets; I am with the leading leader,\u201d he said.<\/p>\n<\/blockquote>\n

Scaramucci noted that digital gold accounts for a large portion of the cryptocurrency market’s capitalization; thousands of competitors have emerged, but none has managed to challenge the leadership.<\/p>\n

SkyBridge began investing in Bitcoin<\/a> in the autumn of last year, and by December investments reached $182 million<\/a>. In January the firm launched a Bitcoin-based fund<\/a> with assets of $310 million.<\/p>\n

Another reason for the exclusive focus on Bitcoin, the financier said, is investor skepticism about cryptocurrency investments. There are better odds of convincing them to invest in the flagship than in altcoins, he believes.<\/p>\n

\n

\u201cFor now, the number one goal is to try to win over skeptics. I think even bringing them into Bitcoin will be difficult enough. You know the acronym FUD: fear, uncertainty and doubt. Yet we manage money for many retrogrades,\u201d added Scaramucci.<\/p>\n<\/blockquote>\n

To promote the cryptocurrency, the SkyBridge founder uses the tactic of \u201cinformation saturation.\u201d Together with chief operating officer Brett Messing they regularly host live chats about Bitcoin \u2014 its surges and declines, risk management, and the appearance of new corporations in the industry, such as MicroStrategy<\/a> or Tesla<\/a>.<\/p>\n

\n

\u201cI am half parrot, and half woodpecker, so I can peck at your brain with greater persistence until your head explodes. I can repeat the same thing again and again with great enthusiasm,\u201d emphasised Scaramucci.<\/p>\n<\/blockquote>\n

He did not rule out expanding his focus to other digital assets beyond Bitcoin in the future.<\/p>\n

Earlier Scaramucci said that regulation facilitates the investment appeal<\/a> of the leading cryptocurrency, and Brett Messing expressed confidence that institutions are capable of pushing the asset’s price to $500,000<\/a>.<\/p>\n

Subscribe to Forklog’s channel on YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The founder and managing partner of SkyBridge Capital, Anthony Scaramucci, told Decrypt in an interview why his focus is currently on the leading cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":38690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[52,1138,2074],"class_list":["post-38689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-opinions","tag-skybridge-capital"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38689"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38689\/revisions"}],"predecessor-version":[{"id":38691,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38689\/revisions\/38691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38690"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}